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Sustainable Development and Climate Change 231

are segregated into essential (mandatory) and leadership (voluntary) indicators. The BRSR shall
be applicable to the top 1000 listed entities (by market capitalisation) on a mandatory basis from
FY 2022–23; however, entities can choose to adopt it on a voluntary basis from FY 2021–22.

INDIA’S INITIATIVES AT THE INTERNATIONAL STAGE

Lifestyle for Environment (LIFE)

6.68 In November 2021, the Hon’ble Prime Minister proposed a One-Word Movement in the
context of climate: LIFE - Lifestyle for Environment, at the COP 26 in Glasgow. This movement
calls for coming together with collective participation, to take lifestyle for environment forward
as a campaign and as a mass movement for environmentally conscious life style in a manner
that revolutionizes many sectors and diverse areas such as fishing, agriculture, wellness, dietary
choices, packaging, housing, hospitality, tourism, clothing, fashion, water management and
energy.

International Solar Alliance (ISA)

6.69 In November 2021, the Hon’ble Prime Minister launched the joint Green Grids Initiative-
One Sun One World One Grid (GGI –OSOWOG) at the World Leaders’ Summit in Glasgow.
It aims to create a globally inter-connected green grid, building upon existing regional grid
infrastructure, which will enable solar energy generation in regions with high potential and
its evacuation to demand centres. A joint GGI-OSOWOG Secretariat is being planned to be
established at the ISA Secretariat to mobilize political support and render technical support for
the initiative.

6.70 ISA has attained a Permanent Observer Status at the UN General Assembly. It has signed
a Memorandum of Understanding with UNFCCC at COP 26 to support ISA membership in
developing a roadmap for, and implementing, their respective NDCs under the Paris Agreement.

6.71 ISA is mandated to facilitate mobilization of USD 1 trillion in solar investments by 2030
for massive scale-up of solar energy deployment. The Strategic Plan of the ISA for 2021-2026
identifies three key global issues – Energy Access, Energy Security, and Energy Transition.
In this regard, ISA has launched eight thematic programmes to address the above issues and
an overarching programme to facilitate mobilization of affordable finance for large-scale
deployment of solar energy across ISA membership. ISA supports its membership across four
pillars encompassing programmatic support, capacity building and ecosystem readiness, risk
mitigation instruments, and analytics and advocacy.

Coalition for Disaster Resilient Infrastructure
6.72 India’s call for promoting disaster resilience of infrastructure through the Coalition for
Disaster Resilient Infrastructure (CDRI) has been receiving global attention. Since CDRI’s
launch in September 2019, its membership has expanded to 28 countries and seven multilateral
organizations, with several member countries committing to provide technical assistance and
financial resources. In addition to India’s seed funding of USD 70 million, the United Kingdom,
United States and the Netherlands have pledged GBP 1 million, USD 9.2 million and 100,000
Euro respectively for CDRI’s programmes and projects.